National Bank of Moldova reports February 2025 new term deposits up 23.4% to MDL 4,583.4 million

The National Bank of Moldova published banking statistics showing that new term deposits totalled MDL 4,583.4 million in February 2025, up 23.4% from January. Domestic-currency deposits accounted for 76.2% of the total and rose 46.3% to MDL 3,491.3 million, while foreign-currency deposits fell 17.8% to MDL 1,092.1 million; the average nominal rate on new domestic-currency deposits increased 0.43 percentage points to 4.10% and the average rate on foreign-currency deposits declined 0.06 percentage points to 1.49%. By maturity, the largest shares of new term deposits were for 2–5 years (37.6%), 3–6 months (23.3%) and 6–12 months (22.4%). New term deposits from individuals amounted to MDL 3,453.4 million, up 8.9% month on month, with average rates of 4.44% in domestic currency (up 0.71 percentage points) and 1.37% in foreign currency (down 0.11 percentage points); compared with February 2024, individuals’ deposits increased 10.9% in domestic currency and 12.3% in foreign currency. For legal entities, domestic-currency deposits rose threefold to MDL 930.1 million and foreign-currency deposits declined 19.9% to MDL 181.5 million; compared with February 2024, domestic-currency deposits increased 2.7 times while foreign-currency deposits fell 34.4%, with average rates of 3.20% in domestic currency (down 0.12 percentage points) and 2.08% in foreign currency (up 0.19 percentage points). The release is based on bank reporting under the National Bank of Moldova’s instruction on compiling and submitting reports on banks’ applied interest rates (HCE No. 331/2016).